Posts tagged with "Yahoo"

March 2nd, 2017According to a 2016 survey conducted by PricewaterhouseCoopers, organizations rank cybercrime as the second most reported type of economic crime, up from fourth place. (It’s worth noting that most cybercrimes go unreported.)
Rarely a week goes by without news of another data breach at another corporation. And cyber thieves are...

September 24th, 2016AFP- Yahoo's claim that it is the victim of a gigantic state-sponsored hack raises the question of whether it is the latest target for hackers with the backing of Russia, China or even North Korea, experts say.
The US internet giant was under pressure Friday to explain how it sustained such a massive breach in 2014, which possibly...

September 19th, 2016As per the sources Facebook hired Snapdeal former executive and a high-profile investor Anand Chandrasekaran to help develop strategies for its Messenger app. The announcement could be made tomorrow.
Both Anand and facebook didn’t immediately respond to requests for comment.
Anand Chandrasekaran resume includes company like...

July 27th, 2016When senior Yahoo executives gathered at a San Jose hotel for a management retreat in the spring of 2006, there was no outward sign of a company in crisis.
The internet pioneer, not yet a teenager, had just finished the prior year with $1.9 billion in profits on $5.3 billion in revenue. The tough days of the dot-com bust were a...

July 25th, 2016As Verizon Communications Inc announced that it would buy Yahoo Inc's core internet properties for $4.83 billion in cash to expand its digital advertising and media business, in a deal that ends a lengthy sale process for the fading Web pioneer.
CEO and Head of Yahoo, Marisaa Mayer wrote an emotional letter to all search based...

July 25th, 2016Verizon Communications Inc will announce an agreement on Monday to buy Yahoo Inc for about $5 billion (roughly Rs. 33,604 crores), according to a person familiar with the matter.
The announcement will come before the start of New York trading hours, the source added.
The deal will end months of uncertainty about Yahoo's future...

June 16th, 2016American multinational technology company Yahoo Inc. has announced the shutting down of its chat service Yahoo Messenger from August 5 this year.
However, the company has asked all its users to move to the new version of the Messenger, introduced last year.
"In December of 2015, we announced a brand new Yahoo Messenger for mobile,...

May 15th, 2016Warren Buffett struck media gold with a 2012 investment in debt-laden Media General Inc. Now the famed investor may try to reprise that success by supporting a bid for Yahoo Inc's Internet assets.
The Berkshire Hathaway Inc chairman is backing a consortium that includes Quicken Loans Inc founder Dan Gilbert, that is seeking to buy...

April 30th, 2016Yahoo Inc has shortlisted close to 10 bidders in the auction for its core Internet assets, including Verizon Communications Inc, with most offers involving cash rather than a combination with another company, according to people familiar with the matter.
The shortlist comprises mainly large companies and big private equity firms...

February 11th, 2016Yahoo Inc (YHOO.O) announced Wednesday it will lay off 107 employees in the first of what is expected to be more than 1,500 job cuts.
The layoffs take effect April 11 and affected employees received 60-day advance notice of the move, Yahoo said in a notice filed with the California Employment Development Department. The layoffs were...

February 3rd, 2016Reuters- Yahoo Inc said on Tuesday it would consider "strategic alternatives" for its core Internet business and cut about 15 percent of its workforce, even as it continues with its plan to revamp the business and spin it off.
The announcement is the strongest sign yet that the board and Chief Executive Marissa Mayer may be willing to...

January 25th, 2016Three senior Twitter executives are leaving the media company, which is also adding a new chief marketing officer and two board members, a source said on Sunday, outlining the biggest leadership changes since Jack Dorsey returned as chief executive, calling for "bold rethinking."
Media head Katie Jacobs Stanton, product head Kevin...